Sir, I have been investing in SIP for 6 years in the following schemes with an monthly sip of 5000 each. My question is should I continue with the scheme or any changes or correction is to be made in the same.
1) UTI Flexi Cap Fund (Formerly Known as UTI Equity Fund Direct Plan and Growth total investment amount as on todays date is 3,70,000/
2) ICICI Prudential Blue Chip Fund Direct Plan Growth total investment amount Rs. 3,60,000/
3) ICICI Prudential Nifty Next 50 Index Fund Direct Plan Growth total investment amount Rs. 1,15,000/
Intention to invest is for long term with good reasonable returns. Pls advise on the same
Ans: Hi Santosh, thanks for writing to me. You can continue investing in UTI Flexi Cap Fund and ICICI Blue Chip Fund as they are good funds. You can consider stopping investments in ICICI Prudential Nifty Next 50 Fund and begin investing the SIP amount in Nippon India Multi Asset Fund.
